drwasho
Short

Ichomoku Bear Signal

BITSTAMP:BTCUSD   Bitcoin / Dollar
There appears to be a momentum indicator when using the Ichimoku cloud indicator. When the candlestick price action pushes through the cloud, it is usually followed by reasonable momentum in the respective direction. If this holds true, then we may see the price test support levels around 320 or so.
Looks like the price retraced to the Senkou span, hit resistance and has resumed its downwards trajectory. We'll see if the long term is correct.
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